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1 RESOLUTION NO. 19216 <br /> 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br /> RIVERSIDE, CALIFORNIA, CONFIRMING THE REPORT OF THE <br /> 3 RIVERSIDE DOWNTOWN ASSOCIATION ACTING IN ITS <br /> CAPACITY AS THE ADVISORY BOARD TO THE DOWNTOWN <br /> 4 BUSINESS IMPROVEMENT AREA, AND IMPOSING THE LEVY FOR <br /> THE DOWNTOWN BUSINESS IMPROVEMENT AREA FOR THE YEAR <br /> 5 BEGINNING JANUARY 1, 1998. <br /> 6 WHEREAS the City Council by Resolution No. 19209 stated <br /> 7 its intention to hear and consider protests to the annual <br /> 8 imposition of levy for the Downtown Business Improvement Area at <br /> 9 a public hearing on January 13, 1998 at 2:00 p.m.; and <br /> 10 WHEREAS the City Council heard and considered and ruled <br /> 11 on all written and oral protests to the imposition of the annual <br /> 12 levy at said hearing; <br /> 13 NOW, THEREFORE, BE IT RESOLVED by the City Council of the <br /> 14 City of Riverside, California, pursuant to Section 36535 of the <br /> 15 Streets and Highways Code as follows: <br /> 16 1. The report of the Riverside Downtown Association, <br /> 17 acting in its capacity as the Advisory Board to the Downtown <br /> 18 Business Improvement Area, is confirmed. <br /> 19 2. The levy for the Downtown Business Improvement Area <br /> 20 is imposed for the calendar year 1998 at the rate of 50% of the <br /> 21 business tax charge. <br /> 22 3. The retention of the administration costs for billing <br /> 23 and collection of said levy from the monthly payments to the <br /> 24 Riverside Downtown Association is reauthorized. <br /> 25 /// <br /> 26 / / / <br /> 27 / / / <br /> <br />Attorney's Office <br />Street <br />CA 92522 <br />782-5567 <br /> F: ~WPDATA\RES\ 97222201. SY <br /> <br /> <br />